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- Hello there, Mr. and Mrs. Baker. I'm sure you're looking forward to buying a home.
- Absolutely, it's a great time to be a home buyer during this phase of Prosperity.
- We heard that now is the best time to buy, with low interest rates and a growing market.
- during Prosperity, the economy is growing, employment is high, and people are confident about their future.
- Yes, we were ecstatic
- during a Recession, economic growth slows, unemployment rises, and consumer spending and investment decrease.People become more cautious with their spending, and the mood of the scene becomes more subdued.
- FOR RENT
- I never imagined we'd be in this position. We had to lay off so many employees.
- I know. It is also quite difficult to find work during this time.
- Our business is struggling, and people are no longer buying our products during this phase of Recession.
- During a depression, unemployment is exceedingly high, and demand for goods plummets.
- I never imagined things would get this bad. We're right in the midst of town, yet there are no vehicles since nobody can afford one.
- We've lost everything during this depression
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